China is merging and shuttering weak rural lenders as loan demand collapses, property debt piles up and the world’s factory struggles to generate growth at home.
China ran a $1.2 trillion trade surplus last year, many of its companies don't need to make a profit, and its exports are growing at two to three times the rate of the global economy. Michael Froman, ...
What is missing is the willingness to redirect resources away from growth engines of the past and directly support Chinese households For most of this year, the dominant framing of China's economy has ...
Some economists assumed that the buying power of China’s expanding middle class would ultimately fuel global growth. China has instead become a destabilizing force in the global economy. Chinese ...
China’s economy slowed sharply in the quarter ending June, revealing vulnerabilities in the country’s growth model, which is predominantly propelled by exports with little appetite for domestic ...
China's economy lost momentum in July, with weak retail sales, declining investment and a deepening property market downturn weighing on domestic demand. Strong exports are increasingly supporting ...
Compared with Donald Trump’s chaotic, divided, and violent America, China is a bastion of steady progress and serene order. This, at least, is the story that Beijing’s propagandists have been eager to ...
China’s economy lost momentum in July, with weak retail sales, declining investment and a deepening property market downturn weighing on domestic demand. Strong exports are increasingly supporting ...
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